Pam Prestridge Comment On Regulatory Notice 22-08
I am capable of making my own decisions in regards to my finances and I do not need any more government involvement. Thank you.
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I am capable of making my own decisions in regards to my finances and I do not need any more government involvement. Thank you.
It is an outrage that FINRA is considering limiting these powerful wealth building tools for non-high-net worth individuals. Leveraged Funds have provided some of the most attractive returns over the past ten years, and will almost certainly continue to provide attractive returns as long as global capital markets continue their long bull runs.
I want support on my shares
This will negatively impact the trading capacity of younger, yet informed, traders such as myself.
Dont do it, unless you want to fix naked shorting and synthetic shares
Regulators seem to have more interest in 'protecting investors from themselves' than ensuring that there is a level playing field for all investors, large AND small. They have allowed the big players to use algorithms that cause trading and investing to be erratic and at times, non-sensical. Let individual investors purchase and trade whatever instruments they choose. After all, IT'S THEIR MONEY. Stop trying to control what people do and think.
Investing should be accessible to everyone and anyone without interference from Regulators.
Investor's should be free to do there own research and investing in the funds of their choice. Investor's take their own risks for both losses and gains and should be free to continue to do so in all of the current funds, etf's and inverse funds.
Investors know the risks. They should be able to take them.
I object to the proposed limitations on investing in "complex" leveraged or inverse funds.
When the market is down, these investments are needed to protect investments from loss of value.
Why restrict us from using these investments? A needless restriction of our rights to manage our affairs. Government overreach at its finest.